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Oct 12, 2012
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ryan, but paul ryan thanked joe biden. so on the overall picture, paul ryan did it great. does it help the momentum, it does. does it help democrats, it does not. democrats are still struggling take. >> julian, would you at least concede that biden was perhaps unprofessional with the laughter and some of the way he carried himself? >> i think joe biden did yesterday what he needed to do, which he needed to stop the momentum that romney had in the one bad week that the obama campaign has had since the debate last week. and i think biden did that. and he did it for two reasons p one is during an economically stressful people, people want a strong and assertive leader. that's why romney did better in the first debate, that's why biden did better in the second debate. but secondly, i think that the republicans left a lot of change on the table last night. on on the tax plan that really is some total of the economic plan and jobs plan, the numbers i think has everybody concedes simply don't add up. on medicare, the proposal to
ryan, but paul ryan thanked joe biden. so on the overall picture, paul ryan did it great. does it help the momentum, it does. does it help democrats, it does not. democrats are still struggling take. >> julian, would you at least concede that biden was perhaps unprofessional with the laughter and some of the way he carried himself? >> i think joe biden did yesterday what he needed to do, which he needed to stop the momentum that romney had in the one bad week that the obama campaign...
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Aug 13, 2012
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paul, welcome. >> thank you. >> what do you think about the other paul, paul ryan? >> i think it's coasting the election very much in idealogical terms. clearly, romney needed to have running mates coming from the midwest. the fact that you've got somebody from wisconsin is not a huge surprise. these are the key battleground states that he's got to win. so the issue here is i think we are now creating a really deep divide and the question of which side is going to be able to rally its own supporters is going to determine the outcome. >> does romney know which job ryan is taking? does he know it was for vice president not -- >> well, barack obama did the same thing introducing joe biden four years ago. we have a republican strategist coming up who is one of the first people on the ground in alaska after sarah palin was picked as john mccain's vice presidential candidate. >> and we'll get to the economy, as well. meanwhile, the data claims one of the bank's top ten shareholders supports bob dimon's post wleefs the next ceo should be an external candidate. >> standard
paul, welcome. >> thank you. >> what do you think about the other paul, paul ryan? >> i think it's coasting the election very much in idealogical terms. clearly, romney needed to have running mates coming from the midwest. the fact that you've got somebody from wisconsin is not a huge surprise. these are the key battleground states that he's got to win. so the issue here is i think we are now creating a really deep divide and the question of which side is going to be able to...
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Aug 31, 2012
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they were pleased with ann romney's speech, paul ryan's speech and mitt romney's speech tonight. this was a chance to may have millions of americans to see im. now they've tornado watch polls and see if he got the bounce he needed to overcome the narrow lead that president obama has held most the year. >> that wraps up the republican national convention. on the road to the white house the next stop is a democratic national convention. dnc being held in charlotte, north carolina from september 3rd through 6th. barack obama, joe biden and rahm emanuel will all take the stage. then after that, it's the start of the presidential debates, romney and obama squaring off on october 3rd in denver. vps are up next they go head-to-head in danville, kentucky on the 11th of october and followed by another presidential debate on the 16th in new york. and then a final turn on the floor for obama and romney on october the 22nd, in boca raton, florida. ahead of the general election on november 6th. still to come on today's program, how investors are going to react? will they be disappointed when
they were pleased with ann romney's speech, paul ryan's speech and mitt romney's speech tonight. this was a chance to may have millions of americans to see im. now they've tornado watch polls and see if he got the bounce he needed to overcome the narrow lead that president obama has held most the year. >> that wraps up the republican national convention. on the road to the white house the next stop is a democratic national convention. dnc being held in charlotte, north carolina from...
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Aug 14, 2012
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mitt romney in ohio, paul ryan in nevada and wyoming. president obama will be in iowa for the second straight day. and chrisstie will give the keynote speech at the republican national convention. >> americans maybe aren't too excited about romney's choice of paul ryan as his running mate. "usa today"/fwgallup poll belie he's a fair or poor choice. it may be because ryan isn't widely known nationwide. the poll, conducted sunday, also finds 17% of people say they are more likely to vote for romney in november now that romney is his vp pick. joining us for more is jared bernstein, senior fellow at the center for budget and economic policies. former policy adviser to vice president joe biden. thank you for getting up to join us this morning. >> my pleasure. my pleasure. >> how much should we read into this gallup poll? >> not too much. those numbers will be jumping around. they are already jumping around as is typically the case. a representative of congress from a small district in wisconsin, even if he's someone with the kind of profile o
mitt romney in ohio, paul ryan in nevada and wyoming. president obama will be in iowa for the second straight day. and chrisstie will give the keynote speech at the republican national convention. >> americans maybe aren't too excited about romney's choice of paul ryan as his running mate. "usa today"/fwgallup poll belie he's a fair or poor choice. it may be because ryan isn't widely known nationwide. the poll, conducted sunday, also finds 17% of people say they are more likely...
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Jul 18, 2012
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paul ryan. and romney has a lot of paul ryan's agenda as part of his plan. i would be surprised if it wasn't one of those four gentlemen. >> jim with us this morning, thanks very much. >>> let's get a quick check at some of today's other top stories. finland reached a deal with spain to receive collateral in exchange for bailing out banks. >> we'll get bilateral deals in a pan-european rescue plan. >> we thought they were floating this and now they have the cash. >> i'm interested to know. >>> japan's highest profile hedge fund has been dethroned by insider trading. even at his best, he had about a billion under management, which if you're the best known hedge fund manager, i would assume it would be better than that. >> sometimes the best known aren't the biggest or most successful although he clearly had some of that. another king dethroned, italy's mozzarella king. he's been arrested on suspicion of links to organized crime in the naples region. >> i don't think there's any surprise about rum
paul ryan. and romney has a lot of paul ryan's agenda as part of his plan. i would be surprised if it wasn't one of those four gentlemen. >> jim with us this morning, thanks very much. >>> let's get a quick check at some of today's other top stories. finland reached a deal with spain to receive collateral in exchange for bailing out banks. >> we'll get bilateral deals in a pan-european rescue plan. >> we thought they were floating this and now they have the cash....
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Nov 6, 2012
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that paul ryan is the winner no matter what the outcome. if obama and biden are successful, paul ryan is essentially just beginning his career. he's fast tracked many individuals who were older and more experienced. and for many republicans it's about 2016. and before this election cycle, republican names are chris christie, jeb bush, marco rubio. and now that paul ryan is on the seat, his name has to be included in that lens for 20167. i think the better you come is that romney and ryan don't win and ryan can just focus the next four years on either running for governor, running for senate seat, but really thinking about 2016 as a viable option for himself. >> and what will give you the first indication that maybe romney can pull this off? >> if ohio comes together for him, that would definitely be a huge indicator. the northeast is not really going to be a romney sweep by any stretch. it will be a nail biter. i think we will go quite late this evening. but ohio and maybe pennsylvania will serve as indicators. many people realize that flor
that paul ryan is the winner no matter what the outcome. if obama and biden are successful, paul ryan is essentially just beginning his career. he's fast tracked many individuals who were older and more experienced. and for many republicans it's about 2016. and before this election cycle, republican names are chris christie, jeb bush, marco rubio. and now that paul ryan is on the seat, his name has to be included in that lens for 20167. i think the better you come is that romney and ryan don't...
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Mar 20, 2012
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house budget committee chairman paul ryan will preview the plan on "squawk box" at 7:45 a.m. it would end the alternative minimum tax and also gets rid of most taxes companies overseas profits and drops the corporate tax rate to 25%. the plan is also expected to include budget cuts for medicare and government agencies. house republicans are hoping for a floor vote next week, but the plan is likely dead on arrival in the democrat controlled senate. goldman sachs has reported they've begun another round of staffing cuts. the latest move is part of the bank's annual review process and follows the 2400 cuts announced last year. reports say that the cuts which began two weeks ago are across the board and aimed at traders who can be replaced with new technology or back office staff who can be swapped for cheaper employees. >>> and ben bernanke is back on campus. he's giving the first of four lectures on the central bank's role in the economy at george washington university today at 12:45 p.m. eastern. bernanke was an economics professor at stanford and principal t princeton decades
house budget committee chairman paul ryan will preview the plan on "squawk box" at 7:45 a.m. it would end the alternative minimum tax and also gets rid of most taxes companies overseas profits and drops the corporate tax rate to 25%. the plan is also expected to include budget cuts for medicare and government agencies. house republicans are hoping for a floor vote next week, but the plan is likely dead on arrival in the democrat controlled senate. goldman sachs has reported they've...
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Oct 10, 2012
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and in one corner fighting in the red trunks, it's paul ryan. in the other, wearing the blue, it's joe biden. and when the bell rings, these gentlemen will come out debating. we are just two days away from the next major event of the u.s. election season. the vice presidential debate in kentucky. you can catch all the action right here on cnbc. our own coverage will begin thursday at 8:00 p.m. eastern. ross, i cannot wait. i am so bummed, it's going to be hard to watch it over here because it will be so late, or early our time. >> do vp debates actually matter? >> they can, and i think in this case, when -- >> i'm not saying it won't be a good watch. i'm just wondering whether a it has any impact. >> i think traditionally do they have a lot of impact. maybe, does this one have the potential to be impactful? absolutely. >> it will be covered. a crucial deadline today. more as soon as we come back. >>> you're watching "worldwide exchange." these are your headlines. alcoa warning of slow demand from china. >> deadline day for the eads and bae. >> c
and in one corner fighting in the red trunks, it's paul ryan. in the other, wearing the blue, it's joe biden. and when the bell rings, these gentlemen will come out debating. we are just two days away from the next major event of the u.s. election season. the vice presidential debate in kentucky. you can catch all the action right here on cnbc. our own coverage will begin thursday at 8:00 p.m. eastern. ross, i cannot wait. i am so bummed, it's going to be hard to watch it over here because it...
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Aug 28, 2012
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. >> well, i mean interestingly at least paul ryan -- remember, he's the chair of the house budget committee. so the house republicans have a budget that he wrote and while it's not as specific as the president who has to submit a budget to congress, it is quite specific on the spending side and he actually does claim to cut well over $4 trillion often years. one of the problems there is that 60% of those cuts come from low-income programs. so at the same time that you're cutting taxes at the high end of the scale you're cutting spending at the low end and that's become a tough political issue for many on the democratic side who view those robs as quite important to vulnerable people at a time of economic hardship. >> hopefully he will lay out his budget in more detail this week. hopefully we'll be able to look at it in some more detail again and see what's on the table. the issue is we do need a plan of some sort and we haven't had a budget now in the states for a couple of years. so it would be nice to actually get government and congress to agree to something. >> it would be very nice. yo
. >> well, i mean interestingly at least paul ryan -- remember, he's the chair of the house budget committee. so the house republicans have a budget that he wrote and while it's not as specific as the president who has to submit a budget to congress, it is quite specific on the spending side and he actually does claim to cut well over $4 trillion often years. one of the problems there is that 60% of those cuts come from low-income programs. so at the same time that you're cutting taxes at...
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Oct 4, 2012
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next week the vice presidential debate between paul ryan and joe biden. and then two more presidential debates and the election will come soon after that. we will watch the polls to see the impact of this. back to you. >> so the european central bank meets in slovenia today, expected to hold back on any action as it waits on spain to decide if testimony ask for a bailout. silvia wadhwa has a review what have we can expect. >> well, in a way it's a sort of meeting after the meeting and maybe a meeting before any further decisions. because obviously after the omt program was announced, the ecb pretty much feels they've done their bit if that's the right way of putting it. and now it's up to politicians to do their bit. meaning spain has to decide if it wants some kind of a bailout or not. and then once it's on track hopefully after the next finance minutester's meeting, then they can decide whether a bailout program will happen and whether it will buy indeed bonds in the primary market and then the ecb could come in with a flanking action in the secondary m
next week the vice presidential debate between paul ryan and joe biden. and then two more presidential debates and the election will come soon after that. we will watch the polls to see the impact of this. back to you. >> so the european central bank meets in slovenia today, expected to hold back on any action as it waits on spain to decide if testimony ask for a bailout. silvia wadhwa has a review what have we can expect. >> well, in a way it's a sort of meeting after the meeting...
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Nov 29, 2012
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and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal for higher taxes for those who make more than a quarter million dollars a year. sdl bo >> both sides have acknowledged that there will be revenue concessions and sbilgtment cent concessio concessions. i'm not a master of the political art here, but i would say if you have these point of views in a business context as close as they are, i would say a deal would be in reach. >> ford chairman bill ford junior agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, he says the a
and then with house republicans including speaker john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then house minority leader nancy pelosi. president obama is signaling he's flexible on on where tax rates should go for the wealthiest americans. a return to the clinton era tax rates would have households pay between 36% to 39%. the president met with a group of 14 ceos wednesday afternoon. they offered support for resolving the if i can crisis with a proposal...
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Aug 15, 2012
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. >>> and paul ryan hits las vegas to visit a high-rolling donor. >>> it's wednesday, august 15, 2012. "squawk box" begins right now. sf sflu . >>> good morning, welcome to "squawk box." i'm andrew ross sorkin along with joe kernen. let's get you caught up on what happened overnight in
. >>> and paul ryan hits las vegas to visit a high-rolling donor. >>> it's wednesday, august 15, 2012. "squawk box" begins right now. sf sflu . >>> good morning, welcome to "squawk box." i'm andrew ross sorkin along with joe kernen. let's get you caught up on what happened overnight in
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Aug 24, 2012
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paul ryan has been a noted deficit hawk for many years. and he has had the guts to put a lot of proposals out there, some of which the house actually voted on. he's been campaigning a bit with his mother, i understand, who is 78, 79 years old. how is that working? >> i think it works very well. any time in politics in campaigning that you can personalize your message and any time that you can really kind of get the people to connect with you, i mean he was, i think he first introduced her on the campaign trail at a community in florida called the villages which is a very large, you know, senior community, and, you know, was talking a lot about medicare and was putting his mother up there as someone that would be very impacted, you know, by some of the positive changes that they want from pose to this system. the reality is that this system is unsustainable. but the important thing that they are trying to clear up is that they are not doing anything to medicare to current recipients, but it's unsustainable and trying to do something in the
paul ryan has been a noted deficit hawk for many years. and he has had the guts to put a lot of proposals out there, some of which the house actually voted on. he's been campaigning a bit with his mother, i understand, who is 78, 79 years old. how is that working? >> i think it works very well. any time in politics in campaigning that you can personalize your message and any time that you can really kind of get the people to connect with you, i mean he was, i think he first introduced her...
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Aug 16, 2012
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paul ryan's budget plan has become a flash point for democrats to attack this republican ticket. he's here in thoi rebut those efforts. back to you. >> still to cobble the program we'll get a check on africa's financial sector. the standard bank joins us from eskimo hansburg coming up after the break. . >>> standard bank has reported a 9% rise in first half profit this morning but shares slumped more than 3% after africa's largest bank warns over the year ahead. joining us now first on cnbc is ceo of standard bank. thanks very much for your time this morning. why do you say a lean year, lean second half the year? >> well, i think if you just look at what's going on with banks globally and we're exposed to many countries, it's clear that, you know, we're going through fairly difficult times, and so we definitely see that our revenue growth which was very strong in the first half, 15% revenue growth is likely to be substantially lower in the second half particularly in relation to the big cross border deals and so forth that we try to do in the areas of natural resources, commoditi
paul ryan's budget plan has become a flash point for democrats to attack this republican ticket. he's here in thoi rebut those efforts. back to you. >> still to cobble the program we'll get a check on africa's financial sector. the standard bank joins us from eskimo hansburg coming up after the break. . >>> standard bank has reported a 9% rise in first half profit this morning but shares slumped more than 3% after africa's largest bank warns over the year ahead. joining us now...
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Aug 20, 2012
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are you suggests that paul ryan pick is responsible for this market rally? the greater likelihood of a deficit focused republican administration would mean a greater risk to fiscal contraction going forward? >> absolutely not. the ryan/romney ticket is the reason you're seeing multiples expanding right now even with earnings staying where they are at. remember you're talking about a market that is making twice as much as it was a decade ago, exactly where it as far as the index goes. depressed multiple, it's the multiples that expand and this ryan nomination has helped it along. >> jack, the ryan nomination, if markets like growth i don't understand how the ryan nomination does anything to support a brighter growth outlook going forward. >> ryan is a free market supply cider. that's exactly what the market wants to hear. remember, the fact is that the only way to get out of this problem is either inflate or grow. we tried inflating. it's not going to work. we have to grow. that's what the market wants to hear the message that ryan has brought to the table. >
are you suggests that paul ryan pick is responsible for this market rally? the greater likelihood of a deficit focused republican administration would mean a greater risk to fiscal contraction going forward? >> absolutely not. the ryan/romney ticket is the reason you're seeing multiples expanding right now even with earnings staying where they are at. remember you're talking about a market that is making twice as much as it was a decade ago, exactly where it as far as the index goes....
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Aug 27, 2012
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his selection of paul ryan, a very conservative chairman of the house budget committee has helped do that, republicans are enthused about that choice. what he has to do between now and election day is both reach a fairly small number of independents who don't like either candidate. they don't like president obama, they don't like mitt romney, get enough of those to win and also make sure the turnout among their base is sufficient to match what the democrats are going to do. mitt romney is a couple of points behind in the national polls. within striking distance of president obama. he has to get over that last couple of points. >> john, thank you very much. john harwood, cnbc chief washington correspondent there. let me bring you up to date from lonmin. we have been reporting in recent days about the sentences at one of lonmin's mines in south africa and platinum mine in south africa in which 44 people were killed. lonmin says that violence has been spreading to eastern operations as well. this is according to reports just in the past few moments. that violence is spreading to eastern
his selection of paul ryan, a very conservative chairman of the house budget committee has helped do that, republicans are enthused about that choice. what he has to do between now and election day is both reach a fairly small number of independents who don't like either candidate. they don't like president obama, they don't like mitt romney, get enough of those to win and also make sure the turnout among their base is sufficient to match what the democrats are going to do. mitt romney is a...